SER 0.00% 2.1¢ strategic energy resources limited

Ann: Saxby Exploration Update, page-8

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  1. 387 Posts.
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    Hey guys, sorry I had read of the ANN but still can't my head around it. I understand the consolidation however I'm trying to see how it's going to affect someone's holding.

    An hypothetical example where someone bought shares at .5c, . 0.6c, 0.7c and Averaging around say. .067c.

    In a case like that, my average would be 6.7c after consolidation which means it would be lot easier to liquidate the shares and perhaps drop in value?

    Am I on the right track with this?
 
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